Video Summary

Iowa casinos are gearing up for a new rush after the Iowa Racing and Gaming Commission's unanimous decision to adopt new rules for sports wagering. Ameristar Casino in Council Bluffs is one of the 18 casinos in the state to receive a new license for sports betting. This move is a result of the Supreme Court's 2018 ruling, which allowed sports betting beyond Nevada.

Casino general managers are optimistic about the new revenue stream, citing the potential to bring in new customers and re-engage existing ones. With the upcoming pro and college football seasons, gamblers can expect to see a surge in betting activity. The commission has explicitly stated that sports betting won't go live earlier than August 15th, making Iowa the 11th state in the US to offer legal sports betting to adults 21 and over.

According to the general manager of Horseshoe Casino, Samir Mowad, the immediacy of sports betting and the fact that it will be available in a supervised environment are key factors in the casino's excitement. He predicts that customers will flock to the floor to place their bets, with some potential gamblers even placing wagers on the University of Iowa or the University of Nebraska to win the national championship. With the new rules in place, Iowa's casinos are set to experience a new wave of growth and revenue.